Ark Innovation Etf Market Value

ARKK
 Etf
  

USD 34.99  1.33  3.66%   

Ark Innovation's market value is the price at which a share of Ark Innovation stock trades on a public exchange. It measures the collective expectations of Ark Innovation ETF investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Ark Innovation ETF and determine expected loss or profit from investing in Ark Innovation over a given investment horizon. Please continue to Ark Innovation Correlation, Ark Innovation Volatility and Ark Innovation Alpha and Beta module to complement your research on Ark Innovation.
Symbol

The market value of Ark Innovation ETF is measured differently than its book value, which is the value of Ark Innovation that is recorded on the company's balance sheet. Investors also form their own opinion of Ark Innovation's value that differs from its market value or its book value, called intrinsic value, which is Ark Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ark Innovation's market value can be influenced by many factors that don't directly affect Ark Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ark Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine Ark Innovation value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ark Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ark Innovation 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ark Innovation's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ark Innovation.
0.00
10/30/2022
No Change 0.00  0.0 
In 30 days
11/29/2022
0.00
If you would invest  0.00  in Ark Innovation on October 30, 2022 and sell it all today you would earn a total of 0.00 from holding Ark Innovation ETF or generate 0.0% return on investment in Ark Innovation over 30 days. Ark Innovation is related to or competes with Mstar Mid-Cap. The fund is an actively-managed exchange-traded fund that will invest under normal circumstances primarily in domestic a... More

Ark Innovation Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ark Innovation's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ark Innovation ETF upside and downside potential and time the market with a certain degree of confidence.

Ark Innovation Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ark Innovation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ark Innovation's standard deviation. In reality, there are many statistical measures that can use Ark Innovation historical prices to predict the future Ark Innovation's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ark Innovation's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Ark Innovation in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
31.1134.9938.87
Details
Intrinsic
Valuation
LowReal ValueHigh
30.2934.1738.05
Details
Naive
Forecast
LowNext ValueHigh
31.5635.4439.32
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
33.7736.5339.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ark Innovation. Your research has to be compared to or analyzed against Ark Innovation's peers to derive any actionable benefits. When done correctly, Ark Innovation's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Ark Innovation ETF.

Ark Innovation ETF Backtested Returns

Ark Innovation ETF secures Sharpe Ratio (or Efficiency) of -0.0544, which signifies that the etf had -0.0544% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any etf is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Ark Innovation ETF exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Ark Innovation ETF risk adjusted performance of (0.11), and Mean Deviation of 2.81 to double-check the risk estimate we provide.
The etf shows a Beta (market volatility) of 1.9213, which signifies a somewhat significant risk relative to the market. Let's try to break down what Ark Innovation's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ark Innovation will likely underperform. Even though it is essential to pay attention to Ark Innovation ETF historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Ark Innovation ETF exposes twenty-eight different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.22  

Weak predictability

Ark Innovation ETF has weak predictability. Overlapping area represents the amount of predictability between Ark Innovation time series from 30th of October 2022 to 14th of November 2022 and 14th of November 2022 to 29th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ark Innovation ETF price movement. The serial correlation of 0.22 indicates that over 22.0% of current Ark Innovation price fluctuation can be explain by its past prices.
Correlation Coefficient0.22
Spearman Rank Test0.22
Residual Average0.0
Price Variance2.74

Ark Innovation ETF lagged returns against current returns

Autocorrelation, which is Ark Innovation etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ark Innovation's etf expected returns. We can calculate the autocorrelation of Ark Innovation returns to help us make a trade decision. For example, suppose you find that Ark Innovation etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Ark Innovation regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ark Innovation etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ark Innovation etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ark Innovation etf over time.
   Current vs Lagged Prices   
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       Timeline  

Ark Innovation Lagged Returns

When evaluating Ark Innovation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ark Innovation etf have on its future price. Ark Innovation autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ark Innovation autocorrelation shows the relationship between Ark Innovation etf current value and its past values and can show if there is a momentum factor associated with investing in Ark Innovation ETF.
   Regressed Prices   
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       Timeline  

Ark Innovation Implied Volatility

    
  72.66  
Ark Innovation's implied volatility exposes the market's sentiment of Ark Innovation ETF stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ark Innovation's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ark Innovation stock will not fluctuate a lot when Ark Innovation's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ark Innovation in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ark Innovation's short interest history, or implied volatility extrapolated from Ark Innovation options trading.

Pair Trading with Ark Innovation

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ark Innovation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ark Innovation will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ark Innovation

+0.66VXFExtended Market IndexPairCorr
+0.71VOTMidcap Growth ETFPairCorr
The ability to find closely correlated positions to Ark Innovation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ark Innovation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ark Innovation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ark Innovation ETF to buy it.
The correlation of Ark Innovation is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ark Innovation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ark Innovation ETF moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ark Innovation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Ark Innovation Correlation, Ark Innovation Volatility and Ark Innovation Alpha and Beta module to complement your research on Ark Innovation. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for analysis

When running Ark Innovation ETF price analysis, check to measure Ark Innovation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ark Innovation is operating at the current time. Most of Ark Innovation's value examination focuses on studying past and present price action to predict the probability of Ark Innovation's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ark Innovation's price. Additionally, you may evaluate how the addition of Ark Innovation to your portfolios can decrease your overall portfolio volatility.
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Ark Innovation technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of Ark Innovation technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ark Innovation trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...